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equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …
Persistent link: https://www.econbiz.de/10010877858
equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …
Persistent link: https://www.econbiz.de/10010931957
labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
Persistent link: https://www.econbiz.de/10010812034
This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational mobility and unemployment duration over the...
Persistent link: https://www.econbiz.de/10012219107
mobility or mobility shocks, we propose a multi-sector business cycle model with on-the-job search and endogenous occupational …
Persistent link: https://www.econbiz.de/10013390926
mobility or mobility shocks, we propose a multi-sector business cycle model with on-the-job search and endogenous occupational …
Persistent link: https://www.econbiz.de/10013412799
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …
Persistent link: https://www.econbiz.de/10008836673
We examine the impact of real oil price shocks on labor market flows in the US We first use smooth transition regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market fluctuations. Then we develop and calibrate a modified version of...
Persistent link: https://www.econbiz.de/10010276723
We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market fluctuations. Then we develop and calibrate a modified version of...
Persistent link: https://www.econbiz.de/10008548709
We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market fluctuations. Then we develop and calibrate a modified version of...
Persistent link: https://www.econbiz.de/10008500581